wow. CL65 depreciation
12-11-2005, 12:17 AM
#1
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wow. CL65 depreciation
new MSRP for this car is $180,000. there's a used 2005 down the street from me with 2477 miles on it selling for 135,000. That's over 18$ a mile in depreciation cost alone, before even taking into account the car payment cost per mile.
http://www.westchester.mercedescente...PJ79J25A045599
i dunno. i guess alot of higher priced cars are like this but it just came as a shock to me. i think if i can ever afford one of these things i'll go with a used one.
http://www.westchester.mercedescente...PJ79J25A045599
i dunno. i guess alot of higher priced cars are like this but it just came as a shock to me. i think if i can ever afford one of these things i'll go with a used one.
12-11-2005, 03:49 AM
#3
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think you should buy it
12-11-2005, 08:01 AM
#5
Burn some dust here
CL's typically have the worst depreciation of any MB, followed by the CLK and S class. The 65 AMG's are priced about 30,000 too much in my opinion.
12-11-2005, 10:35 AM
#6
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I saw something similar earlier this year at a local BMW dealership. The CEO of Dell computer, Kevin Rollins (sp?) CL65 was there. It had every imaginable option, even air conditioned seats and a Brabus wheel package. I can't remember what year it was but they were asking $95 for it.
That dude probably paid cash for it anyways.
That dude probably paid cash for it anyways.
12-11-2005, 10:44 AM
#7
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a kid here bought one of these a little while ago using some money he made in real estate...he didn't have a great job or anything he just made out on the housing boom in Cali. i didn't think much of it at the time but what a horrible investment for someone like that. he could have grown that cash; instead he's probably losing more per year on the car than he makes at his job. 
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12-11-2005, 10:44 AM
#8
dɐɹɔ ǝɥʇ ʇɐɥʍ
Originally Posted by knight rider
I saw something similar earlier this year at a local BMW dealership. The CEO of Dell computer, Kevin Rollins (sp?) CL65 was there. It had every imaginable option, even air conditioned seats and a Brabus wheel package. I can't remember what year it was but they were asking $95 for it.
That dude probably paid cash for it anyways.
That dude probably paid cash for it anyways.
Air conditioned seats isn't that exclusive of an option any more, most cars/SUV's over $50k have them as an option and its very worth while to have. No swamp ass on hot july day equals worth while option.
And I agree most cars over $150k depreciate faster then regular cars. I guess it comes with the territory of being a
I wanna be a 
12-11-2005, 11:43 AM
#11
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I heard that the CL65 isn't selling very well and MB overproduced this model which I'm sure is helping the slide in value. It's way too much $$ for what it is, and there are better options out there for the same $$.
12-11-2005, 04:00 PM
#12
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Few problems with the CL65
1. MB build too many of them.
2. It's ridiculously expensive.
3. For the $, people were just buying the SL65.
4. Ever since the SL came out in 2003, CL sales in general have been going down each year.
1. MB build too many of them.
2. It's ridiculously expensive.
3. For the $, people were just buying the SL65.
4. Ever since the SL came out in 2003, CL sales in general have been going down each year.
12-11-2005, 08:04 PM
#14
dɐɹɔ ǝɥʇ ʇɐɥʍ
One of my friends had a CL500 when they first came out, while it was a nice car it wasn't worth the money. Even he admits it was a mistake to get that car, he traded it in two(maybe three) years later for a SL65 which he LOVES. His car prior to the CL500 was a CLK430, which he also loved; the CL was just an over priced black sheep.
12-11-2005, 10:12 PM
#16
Burn some dust here
Originally Posted by invincible569
Mercedes seem to depreciate pretty quick from what I have seen.
12-11-2005, 11:58 PM
#17
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In my opinion, if you have to at all worry about the sticker price, you shouldn't even be getting a super luxury car like that. The car probably depreciates fast because rich folks don't want used cars.
12-12-2005, 12:13 AM
#18
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Buying a brand new NSX was considered to be one of the ultimate wastes of cash ever.
The NSX depreciated quite a bit. Well, guess what. If you made it rich in one of those dotcoms, who cares! Sour grapes for those that couldn't afford one.
The NSX depreciated quite a bit. Well, guess what. If you made it rich in one of those dotcoms, who cares! Sour grapes for those that couldn't afford one.
12-12-2005, 10:15 AM
#19
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^ 
Most of the people that can afford it really dont look at the depreciation that much, since they changed cars every couple years anyways
Most of the people that can afford it really dont look at the depreciation that much, since they changed cars every couple years anyways
12-12-2005, 10:25 AM
#21
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Originally Posted by cob3683
Most do. The best are the R230 SL's and I have heard the new CLS is doing pretty well.
12-12-2005, 10:27 AM
#22
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Originally Posted by Sdog2012
^ Most of the people that can afford it really dont look at the depreciation that much, since they changed cars every couple years anyways
Most of the people that can afford it really dont look at the depreciation that much, since they changed cars every couple years anyways
12-12-2005, 10:28 AM
#23
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Originally Posted by M TYPE X
Buying a brand new NSX was considered to be one of the ultimate wastes of cash ever.
The NSX depreciated quite a bit. Well, guess what. If you made it rich in one of those dotcoms, who cares! Sour grapes for those that couldn't afford one.
The NSX depreciated quite a bit. Well, guess what. If you made it rich in one of those dotcoms, who cares! Sour grapes for those that couldn't afford one.
12-12-2005, 10:32 AM
#25
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Thread Starter
Originally Posted by TSX Hokie
Why can't Ferraris depreciate like that!
)http://cgi.ebay.com/Ferrari-1983-Fer...QQcmdZViewItem
12-12-2005, 11:12 AM
#26
Senior Moderator
Originally Posted by TSX Hokie
Why can't Ferraris depreciate like that!
12-12-2005, 11:32 AM
#27
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Originally Posted by fdl
Most ferraris will actually appreciate in value over time, but there are a couple that will depreciate. One is the 1980's 308 (magnum P.I. car), which was one of the only mass produced ferraris.
12-12-2005, 12:06 PM
#30
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Originally Posted by zeroday
mondials, 308's, 328's, testarossas, and 348's have all depreciated quite a bit. which ones are you saying appreciate?
along w/ the 456's, 355's and the 550's from what I see
Some 360 spiders still go for more then sticker though
12-12-2005, 12:11 PM
#31
Senior Moderator
Originally Posted by zeroday
mondials, 308's, 328's, testarossas, and 348's have all depreciated quite a bit. which ones are you saying appreciate?
But I guess most of the mass produced stuff will depreciate as the miles add up.
12-12-2005, 12:20 PM
#32
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Originally Posted by CLpower
You can pick up an 01 Porsche Turbo w/ less then 30K for high 50's now 
Sticker on some is 140K!!
Sticker on some is 140K!!
12-13-2005, 11:58 AM
#33
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Originally Posted by zeroday
ok you got me all excited so i went on autotrader to look for one and found the lowest was like 68k w/30k miles...
ah, i'm going off prices I got from the last auction. I can bet that if you called that guy though you could leave w/ that car for very low 60's
12-13-2005, 09:58 PM
#35
Moderator Alumnus
10 most costly vehciles to own:
• Mercedes-Benz CL-Class
• Mercedes-Benz SL-Class
• Porsche 911
• Mercedes-Benz S-Class
• BMW 7 Series
• Mercedes-Benz G-Class
• Jaguar XK
• Land Rover Range Rover HSE
• Acura NSX
• Dodge Viper SRT10
http://msnbc.msn.com/id/10387050/
• Mercedes-Benz CL-Class
• Mercedes-Benz SL-Class
• Porsche 911
• Mercedes-Benz S-Class
• BMW 7 Series
• Mercedes-Benz G-Class
• Jaguar XK
• Land Rover Range Rover HSE
• Acura NSX
• Dodge Viper SRT10
http://msnbc.msn.com/id/10387050/
12-13-2005, 11:02 PM
#37
Suzuka Master
Originally Posted by Silver™
10 most costly vehciles to own:
• Mercedes-Benz CL-Class
• Mercedes-Benz SL-Class
• Porsche 911
• Mercedes-Benz S-Class
• BMW 7 Series
• Mercedes-Benz G-Class
• Jaguar XK
• Land Rover Range Rover HSE
• Acura NSX
• Dodge Viper SRT10
http://msnbc.msn.com/id/10387050/
• Mercedes-Benz CL-Class
• Mercedes-Benz SL-Class
• Porsche 911
• Mercedes-Benz S-Class
• BMW 7 Series
• Mercedes-Benz G-Class
• Jaguar XK
• Land Rover Range Rover HSE
• Acura NSX
• Dodge Viper SRT10
http://msnbc.msn.com/id/10387050/
How come Bentleys aren't on that list? An Arnage depreciates like 30k the first year. That list seems a bit off.
Last edited by mclarenf3387; 12-13-2005 at 11:05 PM.
12-13-2005, 11:08 PM
#38
Moderator Alumnus
Originally Posted by mclarenf3387
WTF, NSXs hold their value pretty well and aren't rediculous to maintain, how are they on that list?
The NSX's $89,000 price tag gives the sports car the high depreciation that, more than anything, makes ownership expensive. Beyond depreciation, the NSX also demands relatively high amounts for maintenance and insurance.
How come Bentleys aren't on that list? An Arnage depreciates like 30k the first year. That list seems a bit off.
The list does not include super exotic cars that sell in small numbers. It is based on ownership-cost projections for production vehicles available in 2005.
12-13-2005, 11:18 PM
#39
Suzuka Master
Originally Posted by Silver™
The NSX's $89,000 price tag gives the sports car the high depreciation that, more than anything, makes ownership expensive. Beyond depreciation, the NSX also demands relatively high amounts for maintenance and insurance.
Originally Posted by Silver™
The list does not include super exotic cars that sell in small numbers. It is based on ownership-cost projections for production vehicles available in 2005.
12-13-2005, 11:30 PM
#40
Suzuka Master
http://www.fahonda.com/whoarewe/prod...services.shtml
Maintnence Schedule doesn't look too rediculous either so unless they're charging an insane amount for scheduled maintnence, that doesn't make sense either.
Maintnence Schedule doesn't look too rediculous either so unless they're charging an insane amount for scheduled maintnence, that doesn't make sense either.
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